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20130124
20130124
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Search Results 0 to 39 of about 40 (some duplicates have been removed)
lower. what you are seeing is a lot of investors wanting to take a profit before the capital gains taxes kicked in. you started seeing the stock sell off last september. as for today, they are choosing to get out and they are seating up. phones and tablets and the heat is coming heavier these days. >> it's about innovation here since steve jobs passed. tim cook took over and what does it say about tim cook's tenure as ceo? >> does he get the blame? sure. the buck stops with him. he's the same guy who oversaw the debut of the iphone 4s. he's the guy who stared the stock price. when kwook took over, the price doubled in the first year and his charge peaked in september. shares have tumble and there two camps and schools of thought. wall street and analysts say that they don't have the confidence that he can deliver, but this is an incredibly healthy company with $137 billion tucked away and the next four quarters show what this showed last night, maybe they will ree valuate. for now, cook should stay. >> we are just minutes away. president obama expected as we are looking live at the white
. now stores will be allowed to pass the extra cost on the you, like a tax. up to 4 percent of the total cost of whenever you're buying. with us now, consumer education president, smart credit dot com. the president of optimum capital management. great to have you both year. al start with you. what do you make of this? >> this is really bad news for consumers. we are already getting nickel-and-dimed to death, and we are about to get even worse. essentially, the fee that the market had -- merchant has to pay to exit the credit card, cone -- commonly called a slight fee, in the past they have not been able to charge a line-item extra cost to the consumer to cover that. starting this sunday will be allowed to. that is the bad news. they have already baked in that she in the price of the merchandise the you're buying. so now not only unable to charge a fee on top of what you're already purchasing, but essentially paying the fee to times over, and those of us to pay cash are really getting screwed because we're still paying the fee for people using credit cards. gerri: i want to show people s
should kept his opinion on taxes themselves. nicholson set off a firestorm of controversy when he said teammate will out to california because of recent hikes in federal and state taxes on the wealthy. when asked about of the farmers insurance opening california he compared his remarks to a bad call he made at the 2006 u.s. open. >> i made a big mistake talking about is the publicly and i should not have done that. my apology is from talking about a publicly because i should not take advantage of the form that i have as a professional golfer to try to ignite change over these issues. >> mickelson had said that his tax rate was over 60 percent in that state. according to the tax foundation they said it is closer to 51%. california recently became the state with the highest top marginal tax rate face the voters passed in november a temporary tax hike on wealthy residents. >> coming up on the kron4 morning news defense secretary leon panetta expected to make a big announcement today more on historic change coming to the military. we are seeing a lingering wet weather across the bay area t
$4 billion more in tax revenue than expected. january16 turned out to be a record setting day with the franchise tax board receiving $2.2 billion in taxes. mostly from the 6% of filers who pay taxes quarterly. one observer suggests the spike may be from people taking profits ahead of increase in the federal tax rate. >>> governor brown is scheduled to give his third state of the state address tomorrow morning. no word from the staff on what the focus will be. political observers expect the governor to discuss a proposed tunnel to ship water. other topics include education reform, and high speed rail. you can watch the governor's address here on ktvu. it's set to start at 9:00 tomorrow morning. if you are away from your tv, we will be streaming it, on all of our mobile platforms. >>> apple's ceo talks about record revenues today, but warns about a challenging future. >> i just told you about the rainfall around the bay area today. coming up, i'm tracking how much more you can expect on your morning commute. >> but first, right after the break, making music history right here in
opinion on taxes themselves. nicholson set off a firestorm of controversy when he said he may have to move out of california because of recent hikes in federal and state taxes on the wealthy. when asked about it and the farmers insurance opened in california, he compared his remarks about the mistake he made the 2006 u.s. open. >> it was like when i tried to carve a three iron around the tree and made double bogey and lost the u.s. open. i think i will learn my lesson and take the wedge and get back and play. i made a big mistake talking about the stuff publicly and i should not have done that. >> still asking for a mulligan. he said that his tax rate is over 60 percent in the state. but according to the tax foundation in california tax experts, is closer to 51%. california recently became the state with high as top marginal tax rate banks to boaters passing in november a temporary tax hike on wealthy residents. >> new this morning police searching for a man who kidnapped a 13 year-old girl, i am live on the scene. >> also watching the bay area weather as we clear up this morning. we will
not been all smooth sailing. starbucks got a roasting for paying no corporation tax on new sales of some $600 million. it's now volunteered to make some payments. starbucks arrangements are perfectly legal and typical of a multinational of its kind. but critics have not been silent, forcing starbucks into damage control. >> one of the things that's really tricky about that situation on corporation tax is how do you educate the public of the complexities of the british tax code, and does the public really care about those intricacies? probably not. so, on the one hand, by educating the public, you look defensive. by not educating them, then you're almost encouraging them to think that you are a big, greedy, terrible company trying to exploit your workers. it's a very difficult thing to play. >> big numbers expected later on from starbucks. >> aaron, thank you, thank you. do stay with us. there's much more to come here on "g.m.t." our science correspondent explains why biscuits provide a clue to the link between dogs and their canine ancestors. >> now, to the controversial construction of
higher tax rate. his former neighbor says he has a point. he says the tax policy in their neighborhood is criminal. criminal. he'll explain. [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benefits with the risks. all prescription nsaids, like celebrex, ibuprofen, naproxen and meloxicam have the same cardiovascular warning. they all may increase the chance of heart attack or stroke, which can lead to death. this chance increases if you have heart disease or risk factors such as high blood pres
mickelson after he said high taxes might chase him out of his home state of california. why one of the world's highest paid athletes is now why he is saying he is sorry? bill: man, have you been outside? it is epic cold. this is gripping most of the country. windchill readings falling to 30 below. if you live there, you know how cold it is. that is chick -- chicago screen left. how can avoid being outside. martha: good idea. >> keep moving. layers. i have on like three layers. if i need to i take something off, put something on as need be. i used to say the summer was worse but now i want to say the winter. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. bill: mitt romney heads to washington, d.c.. two of his former aides saying the former republican presidential nominee and his wife ann will be in the nation's capitol, make that friday, for a luncheon in their honor. friday is the luncheon. the forme
problems. >> governor martin o'malley says no new taxes but another maryland lawmaker is saying something quite different. >> wusa9 returns in two minutes. >>> welcome back. 4:40. almost 4:41 on this snowy thursday morning. just got a report from lusby, maryland, 3 inches of the very fluffy white stuff. about the same in point lookout. so southern maryland seems to be the winner right now. down south is where we're having school closings already coming in. this will pull out the next few hours. it will turn partly sunny, breezy today with a stray flurry or too. high temps upper 20s to 30 degrees. more snow possibly by tomorrow afternoon, evening. full forecast in the next five. right now monika with timesaver traffic. >>> a dusting of snow. u.s. park police tell me -- i was just on the phone with them -- that along beach drive, beach drive itself is open but there's no access to the side roads between the zoo tunnel and the merge with rock creek parkway. rock creek parkway is open as well. keep that in mind for your travel plans. maybe use connecticut avenue instead. i'll be back in a few
. they need a breather now. they've been on the defense for a year on tax cuts for millionaires, on toughness, shutting down the government, they're not going to compromise. they need to recalbright here, a reset button needs to be pushed and it seems like in every aspect of government. and fight on future spending, not on obligations already incur. >> ifill: in the inaugural address this week, we saw the president lay out his gold for what he wants the next four years-- or the next year at least to be. what is the republican counter to that? >> i think the republicans have recalbrighted their tactics but not their end goals. they're in favor of cutting spending without new revenues. paul ryan this morning said no new revenues. the president has gotten all the revenues he will get. they have doubled down on spending cuts. they say they have a plan that will balance the federal budget in 10 years. you can only do that without revenues if you have really devastating cuts on all kinds of domestic programs and we'll see if they're willing to deliver on that. >> ifill: one democrat today and repub
. >> there are only two reasons for a federal list on gun owners to either tax them or take them. the only reason. >> cenk: totally not true. and why did the republicans cave on the debt ceiling? the republicans caving? we'll explain why. it's go time. [ ♪ music ♪ ] >> cenk: secretary of state hillary clinton went up to the hill to talk to the senators and congressmen, and she got a rude, rude arrival there in the form of very aggressive questions and statements by the republicans. first she laid out her case. let's listen. >> for me this is not just a matter of policy, it's personal. i stood next to president obama as the marines carried those flag-draped caskets off the plane at andrews. i put my arms around the fathers and mothers, the sisters and bow brothers and the wives left alone to raise their children. >> cenk: the republicans were not appeased with that, and they requested about benghazi what produced one of the biggest flareups of the day. >> he were misled that there was protest and an assault sprang out that have. that was easily ascertained. that was not the fact. the american
to take a profit before the higher capital gains taxes can kicked in at the beginning of the year. what's happening today is investors choosing to get out of the stock because competition is becoming more of a factor. there are these quality alternatives going strong these days. i'm talking about the tablet and the smartphone arena. it's getting crowded. what you're seeing is the average price is still around $700. a lot of people are still sweet on apple shares even though it plunged today, wolf. >> steve jobs died about a year and a half ago. what does all of this say about tim cook's tenure as the apple's ceo? >> it says you know what, you're going to get the blame, tim cook. you're the ceo so the buck stops with you. he saw the blowout of the iphone 4s and took the stocks to greater heights. it was around $375 when he took over. the price almost doubled in tim cook's first year in charge. it peaked in september when iphone 5 came out. since then, the shares have been tumbling. for one, wall street and analysts don't have much confidence that he can deliver like steve jobs did, that
at this saying tax receipts could cover only the absolute essentials here so we have to cut into other things. i'm not -- i think it is a sequester that really does bring people out there and show their hand. >> bill: now the deal -- the bill that the house passed yesterday, the republican bill, am i understanding so it says we'll raise the debt ceiling through mid may but senate has to pass a budget, right and if they don't pass a budget, then we won't get paid as members of congress. >> right. >> bill: is that a real threat? i saw something somewhere where congress gets paid no matter what. >> here's a funny thing. obviously it is a gimmick. it is not as if people are really going to go unpaid for a long period of time. there is a constitutional concern. the 27th amendment says you can't pass a law that pays some members of congress more or less than others. the pay would go into escrow. essentially, we'll hold back. >> bill: i got it. >> you get paid at the back end. >> bill: so you put it in a cookie jar or something like that when the time is right -- >> when your time-out is over, you get
: this portion of "cbs this morning" sponsored by h&r block. come see what a difference our tax expertise can make. choose h&r block at home. the power software created by the tax experts. file for free now at hrblock.com. try our entrees, snacks and new salads. salmon with basil, garlic chicken spring rolls, and now salads, like asian-style chicken. enjoy over 130 tasty varieties, anytime. lean cuisine. be culinary chic. enjoy over 130 tasty varieties, anytime. they'll tell you exactly what they're thinking... kids... especially my niece. the moment she pointed out my moderate to severe chronic plaque psoriasis... well, it was really embarrassing. so i had a serious talk with my dermatologist. this time, she prescribed humira-adalimumab. humira helps to clear the surface of my skin by actually working inside my body. in clinical trials, most adults with moderate to severe plaque psoriasis saw 75% skin clearance. and the majority of people were clear or almost clear in just 4 months. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, su
, you'll love peanut butter and snickers. try snickers peanut butter squared. when you file your taxes. i read the whole 900 pages. i will give you a tax and health care review. i can help you figure it out. ♪ ♪ [ male announcer ] let's take every drop of courage, every ounce of inspiration, every bit of determination, and go where we've never gone before. ♪ introducing the radically new avalon. toyota. let's go places. >>> we're back now at 7:41. prince harry is back in britain this morning and he's trying to clarify some of the comments he made during his tour of duty in afghanistan. nbc kir seir simmons is in buckingham palace this morning. good morning to you. >> reporter: good morning. prince harry has faced criticism from his comments about killing the taliban. now, he's back and ainu interview, he's talking about what he's learned. >> it's been great. a hell of an experience. really proud of the guys. >> reporter: prince harry summing up his tour of duty in afghanistan, landing back in the uk, finally able to congratulate william and kate in person. her pregnancy announced
and running cms, my goodness every day i was dealing with other agencies. with tax policy with the irs, business and labor, so it really -- health care is a front door to a really brood array of very important social issues all of which interest me. >> jennifer: obviously you have a great reputation in the health care community. people have enormous respect for you, but your health care experience is only sort of one aspect of being a governor of a state. give me one other thing that you are passionate about that you would want people to know about you as you consider this run for governor of massachusetts. >> i'm passionate about a lot of things. i'll pick education and children. i think creating a proper future for our children which means a proper presence for families and i want to help build the future and improvement, doing it together, with a lot of options of what is achievable i think we can really break through to a completely new performance. and that's what i aim to achieve. >> jennifer: dr. donald berwick it's a pleasure to have you inside "the war room."
not that high, we can only hope, don't want another tax. and applies to online shoppers as well. the key you want to hear, debit and prepaid cards are exempt from this. there are questions out there whether american express users will be able to avoid this. they have special language in their contract which means they may be exempt, shep. >> shepard: and these fees are illegal in some states. >> yeah, ten states, you're lucky in you live in california, colorado, connecticut, florida, kansas, maine, massachusetts, new york, oklahoma, and texas. i just want to tell people like the rooeason it's a big deal. look i'll pay cash, what's the big deal. >> shepard: if you have cash on you. >> if you have cash on you, a, and b, credit cards have protections for consumers. if you want to call up after you bought something and falls apart and you don't want to pay for it you call the credit card operator and have it expunged, you can't necessarily do that with cash and get your money back, big protections built in for people who use credit card. i'm not a fan for credit card debt, but a reason to use it
. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ jon: firefighters in chicago face brutal cold as they battle a new flare-up of one of the city's biggest fires in years. rick folbaum joins us with more. >> reporter: this is the fire that just won't die down, it actually started tuesday. firefighters got it under control early yesterday morning, but now it's started back up again, and when the initial call went out, this is what's known as a 511 alarmer. flames so bad, a situation so dangerous that one-third of the city's on-duty firefighters were called into respond. and you can see how bad it got. this is the aftermath after it's been sprayed. now those flames up again. it's an old warehouses building, there was of a lot of timber inside where parts of actually collapsed and put other nearby buildings in danger. and another problem for the fire fighters, those sub-freezing temperatures. water used to put out the fire leading to what's called
the second system will drop through. this is a cool our tax system not a lot of moisture associated with it we could see showers. >> here's a look at futurecast for the possibility for rain as we head into friday in it. i ran for livermore for those of you along the mid peninsula as we set the clock into motion you can see a passing band of rain by 3:00 p.m. starting from the north bay first. >> your kron 4 7 day around the bay forecast shows the potential for showers are route into saturday and sunday. we could also pick up some showers as we start the next work week. >> tuesday and wednesday will be a cold start. the inland lows hovering around the freezing mark. we will be dry as we head into the middle of next week. >> high pressure will start to build and we will have more on that very important extended forecast coming up. >> in the meantime the bridges check the perfect time to leave home if you are heading to the bay bridge. the toll plaza shot looks good you will see a handful of cars. no wait at the pay gates. the time eight to nine minutes at the foot of the maize to frem
5. ♪ ♪ ♪ just add water. the everyday collection. by target. she said, "i haven't done my taxes for a few years." call. what's a few? she said, "i think it's eight." she showed up with four file boxes of paperwork. "here, take my stuff and figure it out." i will do that for you. it's a mental challenge. it's a puzzle. but getting you the maximum refund- that's what i'm here for. bring it on. >> abc7 news, good morning, i am eric thomas. the dove brown will deliver the state of the straight address if a little more than an hour. he says the economy is rebounding and is expected to lay out an ambitious and optimistic agenda. well carry the speech live on abc7 and stream it live on abc7news.com starting at 9:00. right now, mike has the forecast. >> the system to the south of live doppler 7 hd is starting to unwind. that mean we will have clouds and upper 30's to low 60's before the next chan of storms later this afternoon. after that, we get a break tomorrow. sue? >> heavy traffic. we have an early accident off on the shoulder but it is slow moving past lucas valley road and north
potential increasing of taxes on cigarettes. it happened in chicago where you had business groups, the black chamber of commerce, they said, oh, this is going to hurt small businesses but then the argument was, wait a minute, when you look at cancer rates among african-americans, how do you say don't do that when it's affecting african-americans? and so i think the naacp, the new york chapter is going to have to have an explanation because, again, obesity among african-americans is huge. >> well, the explanation is that they'd like to see a more holistic approach, that this is not the way to do it. it's a little bit like your gun debate. like don't do this, do a big picture, you're never going to get the solution. i think there is some merit to that argument. however -- >> also a loophole here. they say that small business owners are affected, convenience stores, but larger stores like -- according to "the new york times," larger stores like 7-eleven would be exempt from soda restrictions because of a court in new york's regulatory structure. so they're saying 7-eleven will continue to be ab
. boehner said we're not going to raise taxes on the american people, blah, blah blah. here we go again. i saw an interesting thing in the "new york times" yesterday. this is not enough revenue to -- you know -- the president what we got in the last fiscal cliff, right? >> yeah, $700 billion over ten years. >> stephanie: but the point is and we can say it over and over people do not want the safety nets cut. this -- this piece said citizens of other advanced nations appear to agree it is worth the price. americans have been more hostile toward taxation than other countries. there's pew poll almost two to one it was more important to avoid cuts in social security payments, and this for everybody. 74% of american oppose shorter days or more crowded classrooms. clearly americans value government services. we may welcome an opportunity to save them. what do you think about all of that? >> i think it's very accurate. the american people basically want to do everything -- they want to eat everything drink everything they want to drink, smoke everything they want to smoke, and
. ♪ ♪ ♪ just add water. the everyday collection. by target. she said, "i haven't done my taxes for a few years." call. what's a few? she said, "i think it's eight." she showed up with four file boxes of paperwork. "here, take my stuff and figure it out." i will do that for you. it's a mental challenge. it's a puzzle. but getting you the maximum refund- that's what i'm here for. bring it on. >>> and a good morning to you, i'm charlie crowson, be careful on the way out this morning. it's going to be slick for your commute. live picture right now of the northeast baltimore with an inch of snow on the ground. we have more than 40 school closings and delays. you can get a complete list at abc2news.com. and you can also check out the abc2 facebook fan page and twitter for updates throughout the course of your day. you see the snow out there on the sidewalks and on the cars. but as more cars are traveling out there much of the snow on the roadways can become sheets of ice. let's get a check of the abc2 timesaver traffic with lauren. >> well, charlie the snow is leading to a very hectic commute. deali
. and there's the overarching question of taxes and spending and entitlements. where do you put the challenges this session faces in terms of history? is this 1981? is this 2009? how are you feeling about the weight of what you have to deal with? >> well, first let me say there is bipartisan agreement that your book on jefferson is absolutely fantastic. >> all right. >> that's among the leadership as well as the rank and file members of the united states senate. >> i appreciate that. >> people are reading it all over the place. from my standpoint, we're really looking at the greatest threat to our national security is our debt. it has to do with our children and our grandchildren's futures. as i travel wyoming and have telephone town hall meetings, the things that really come up, people are saying i'm not worried for me. i'm worried for my kids and grandk grandkids, and are we still going to have america in the future with this kind of debt? who will we owe our future to? >> senator barrasso, i want to ask you about your piece in this morning's "wall street journal." i can reduce it down for e
of no income tax and the morgans and mellons and carnegie and rockefellers. we created more wealth for everyone. so we can do this recognizing that the energy market is a $6 trillion market compared to one with what, four billion users going up to nine billion over the course of the next 20, 30 years. this is a place for us to recognize what other countries are doing and what our states that are growing are doing, which is there is an extraordinary amount of opportunity in modernizing america's energy grid. we don't even have a grid in america. we have a big open gap in the circle of america. east coast grid, west coast grid and texas grid and a line from chicago over to the dakotas. we can't sell energy from minnesota to arizona or arizona to massachusetts or to the coal states. it doesn't make sense and can't be a modern country if we don't fix that infrastructure. i would respectfully say to you that climate change is not something to be feared in response to -- the steps to respond to -- it's to be feared if we don't. 3,500 communities in our nation last year broke records for heat. we had
Search Results 0 to 39 of about 40 (some duplicates have been removed)